Saturday, September 22, 2018

Researchers Devise Machine Learning Tech That Can Spot Credit Card Fraud

When tested on a dataset of 1.8 million transactions from a large bank, it showed reduced false positive predictions by 54 percent over traditional models.

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...